Delhivery Q1 Results: Net profit surges 67% YoY to Rs 91 crore, revenue up nearly 6% YoY
EBITDA came in at ₹149 crore, reflecting a 53% jump from ₹97 crore last year, with margins improving to 6.5% from 4.5%. The performance was supported by solid growth in Express Parcel and Part Truck Load businesses. Shipment volumes in the Express Parcel segment touched 208 million, up 14% year-on-year, while revenue from this segment grew 10% to ₹1,403 crore. In the Part Truck Load business, tonnage rose 15% to 458K MT, and revenue increased 17% to ₹508 crore. The segment's service EBITDA margin expanded sharply to 10.7%, up from 3.2% last year.
However, some softness was seen in other verticals. Supply Chain Services revenue fell to ₹205 crore from ₹259 crore, Truckload services slipped to ₹148 crore from ₹156 crore, and Cross-Border Services declined to ₹24 crore from ₹43 crore year-on-year.
Delhivery is also expanding its newer offerings. Its quick commerce initiative, Delhivery Rapid, is now operating 20 stores across three cities, with a monthly revenue run rate of ₹1.2 crore and plans to double store count by the end of FY26. Meanwhile, Delhivery Direct, active in Ahmedabad, NCR, and Bengaluru, is seeing encouraging early traction.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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